Find the increase
Take your current gross pay and multiply by the raise percentage as a decimal. Keep the time period the same.
$60,000 × 0.05 = $3,000Free salary & hourly raise comparison
Offered a raise? Find your new salary, the percentage increase and how much more you earn per paycheck. Enter annual or hourly pay, then compare two options on the same schedule.
BiznTools · bizntools.com/time-pay/pay-raise-calculator
Enter current pay and a raise to compare.
Enter your current pay and the proposed change. See what it means annually and in each paycheck.
Your pay stays in this tab. No account or upload.
A clear method, step by step
For a percentage raise, multiply your current pay by the percentage divided by 100. Add that increase to your current pay. If you already know the new pay, subtract the old amount and divide the difference by the old amount to find the raise percentage. Use the same pay period on both sides of the comparison.
Take your current gross pay and multiply by the raise percentage as a decimal. Keep the time period the same.
$60,000 × 0.05 = $3,000Add the increase to your current pay. Or enter the new amount directly to find the percentage change.
$60,000 + $3,000 = $63,000Divide the annual increase by your number of payments. Every two weeks and twice a month are different schedules.
$3,000 ÷ 26 ≈ $115.38Put the numbers in context
Five percent of $60,000 is $3,000, bringing annual gross pay to $63,000. That is $250 more per calendar month, about $115.38 more over 26 equal biweekly payments, or $125 more over 24 semimonthly payments. These are gross amounts before deductions.
The hourly increase is $5. Divide $5 by the old $25 rate: the raise is 20%. At 40 paid hours a week for 52 weeks, annual gross pay rises from $52,000 to $62,400. A different number of paid hours or weeks changes the annual amounts.
See the percentage in dollars
The same percentage means a different dollar amount at each salary. These examples show a single raise to annual gross base pay, before deductions. The increase repeats each year only while that new salary remains in effect.
| Current salary | 3% raise | 5% raise | 10% raise |
|---|---|---|---|
| $40,000 | $1,200 → $41,200 | $2,000 → $42,000 | $4,000 → $44,000 |
| $60,000 | $1,800 → $61,800 | $3,000 → $63,000 | $6,000 → $66,000 |
| $80,000 | $2,400 → $82,400 | $4,000 → $84,000 | $8,000 → $88,000 |
Subtract your old salary from the new one. Divide the difference by the old salary and multiply by 100. Moving from $60,000 to $66,000 is a $6,000 increase: $6,000 ÷ $60,000 × 100 = 10%.
Select New pay amount to do this in the calculator. Keep both amounts on the same basis: annual with annual, hourly with hourly. For a general comparison outside salary, use Percentage Change Calculator.
Make the paycheck comparison useful
26 equal payments in this full-year comparison
$115.38 more per paycheck$3,000 ÷ 26 payments
24 equal payments in this full-year comparison
$125.00 more per paycheck$3,000 ÷ 24 payments
Both examples describe the same $3,000 annual gross raise. Every two weeks is biweekly; twice a month is semimonthly. ADP explains these common payroll schedules. Actual pay-date calendars can include an extra weekly or biweekly payday, so check your employer’s calendar when reviewing a payslip.
The calculator shows the full-year equivalent of the new rate. If a raise begins partway through the year, you receive it only for the eligible time after its effective date. For example, a $3,000 annual increase paid for six full months adds $1,500 gross over those months.
Use Option B to compare two raises from the same current pay. Check the annual difference and each paycheck, then consider benefits, paid hours and responsibilities. For jobs with different schedules, use Salary Calculator. Use Time Card Calculator to total actual shift hours.
Useful answers, close to the calculation
Multiply current gross pay by 0.05 or 0.10. On a $60,000 salary, 5% adds $3,000 and 10% adds $6,000 per year. New annual pay becomes $63,000 or $66,000. Choose your paycheck frequency to see the gross increase for each payment.
Subtract old salary from new salary, divide by old salary, then multiply by 100. Going from $50,000 to $55,000 is $5,000 ÷ $50,000 × 100 = 10%. Select New pay amount in the calculator and enter both amounts on the same pay basis.
No. The standard full-year comparison uses 26 payments for every two weeks and 24 for twice a month. A $3,000 annual raise is about $115.38 per biweekly payment or $125 per semimonthly payment. Your actual payroll dates and deductions can differ.
The result is gross pay. Withholding, payroll taxes, retirement contributions and other deductions affect the deposit you receive. Compare the gross lines on your offer or payslip first, then use your employer’s payroll information for a take-home estimate.
Yes. Turn on the second option and enter another percentage, dollar increase or new pay amount. Both use your current pay and the same schedule. To compare jobs with different working hours or paid weeks, use the linked Salary Calculator, which has separate schedules.
This tool compares one change. For consecutive raises, apply the next percentage to the new salary. Two successive 5% raises produce a 10.25% total increase because 1.05 × 1.05 = 1.1025; they do not simply add to 10%.
ADP — Payroll calendar and pay periods — Payroll-provider explanation of common payment frequencies. We use 26 biweekly and 24 semimonthly payments as explicit full-year comparison assumptions.
ADP — Pay schedule and methods — Explains the difference between payment schedules, including years with an additional weekly or biweekly payday. The raise arithmetic and examples are original BiznTools calculations.